ADC GARDEN
ActiveADC GARDEN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €6k. Equity is shrinking by ~28.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency15▼-31
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.3 in 2023), and 91.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.3%
Return on assets
7.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11614 sector peers (2024).
NBB · sector comparisonPosition among 11614 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
8 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 71.4%
2023 · €25k
2022: €16k
2023: €25k
2022 → 2024
Total assets
€85k▼ 11.2%
2023 · €95k
2022: €108k
2023: €95k
2022 → 2024
Net result
€6k▼ 27.0%
2023 · €8k
2022: €13k
2023: €8k
2022 → 2024
Working capital
€-3k
2023 · €9k
2022: €-6k
2023: €9k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€16k-€25k▲ 50.4%€7k▼ 71.4%
Operating result€20k-€12k▼ 40.3%€11k▼ 9.9%
Net result€13k-€8k▼ 38.2%€6k▼ 27.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 10% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€39k▼ 27.6%
Current assets
€45k▲ 11.8%
Equity and liabilities €85k
Equity
€7k▼ 71.4%
Debt
€78k▲ 9.7%
The debt ratio rises from 74.2% to 91.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€35k▲
2023 · €34k
Cash flow
€31k▼
2023 · €31k
Solvency
8.3%▼
2023 · 25.8%
Current ratio
0.93▼
2023 · 1.30
Quick ratio
0.93▼
2023 · 1.30
Debt / equity
11.06▲
2023 · 2.88
ROE
85.6%▲
2023 · 33.5%
ROA
7.1%▼
2023 · 8.6%
Interest coverage
20.19▼
2023 · 30.87
Debt
€78k▲
2023 · €71k
Debt ≤ 1 year
€48k▲
2023 · €31k
Debt > 1 year
€29k▼
2023 · €40k
Income taxes
€3k▲
2023 · €2k
Staff costs
€693
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€95k€85k▼
Formation expenses20€1k€801▼
Fixed assets21/28€54k€39k▼
Intangible fixed assets21€33k€26k▼
Tangible fixed assets22/27€21k€13k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€16k€11k▼
Current assets29/58€40k€45k▲
Amounts receivable within one year40/41€16k€739▼
Trade receivables40€16k€339▼
Other amounts receivable41-€400
Cash at bank and in hand54/58€23k€42k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€95k€85k▼
Equity10/15€25k€7k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€22k€4k▼
Amounts payable17/49€71k€78k▲
Amounts payable after more than one year17€40k€29k▼
Financial debts170/4€40k€29k▼
Amounts payable within one year42/48€31k€48k▲
Current portion of amounts payable after more than one year42€15k€17k▲
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48-€20k
Income statement
Code20232024
Remuneration, social security and pensions62-€693
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€25k▲
Other operating charges640/8€846€862▲
Non-recurring operating charges66A-€1
Gross operating margin9900€35k€37k▲
Operating profit (loss)9901€12k€11k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€11k€9k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€8k€6k▼
Profit (loss) for the period to be appropriated9905€8k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€28k▲
Profit (loss) brought forward from the previous period14P€13k€22k▲
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼27%
Net result drops to €6k, the lowest in the series.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bischoffsheimlaan 391000 BrusselGround area
884 m²
Building footprint
333 m²
Volume, LiDAR
6,768 m³
2 parcels, Brussels, Flanders · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ADC GARDEN
since 20212.323.205.329
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
| 22001B0319/00W004 | Flanders | 76 m² | 1 · 54 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DESIGN ANVERS
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Schilde · Eq €7k
LE CHARME EN VERT
BE 0897.701.841
Perwez · Eq €7k
Hofman Landscape
BE 0798.802.819
Namur · Eq €7k
JARDIN STORMME
BE 1022.726.032
Linkebeek · Eq €7k
Green Sustainable Cosmopolitan Solutions Falk Bandelow
BE 0774.984.666
Antwerpen · Eq €7k
Of 2,256 companies in sector 71113 we hold annual accounts for 656. 339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2021
Fiscal year end31-12
Activities, NACEBEL
71113Urban planning and landscape architecture
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.